Finnifty Expiry Trade Setup for 08-08-2023
Updated
FinNifty important intraday levels to watch for 08-08-2023
#Support: 19970
Short if candle closes below 19970
#resistance: 20080
Long if candle closes above 20080
#Targets on downside after break of support.
Target 1= 19920
Target 2= 19850
Target 3= 19745
#Targets on upside after break of resistance.
Target 1= 20135
Target 2= 20230
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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#Support: 19970
Short if candle closes below 19970
#resistance: 20080
Long if candle closes above 20080
#Targets on downside after break of support.
Target 1= 19920
Target 2= 19850
Target 3= 19745
#Targets on upside after break of resistance.
Target 1= 20135
Target 2= 20230
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea.
Queries will be answered in comment section.
Note
Slightly negative opening.Trade closed manually
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